A Maltese iGaming company, Stakers Ltd, is looking to roll out smart contracts to assist with the smooth running of the user experience and to provide a digital way to legally bond with its clients. Smart contract technology is proving to be a groundbreaking area to keep an eye on, as it does provide a simple solution to improving relations between users, and online gambling and gaming platforms.

Large corporations and digital agencies are starting to phase into smart contracts, with providers such as Ethereum, ChainLink, DocTailor, and EtherParty providing the platform to create tailor-made agreements that play into the speedy nature of cryptocurrencies and digital use in the modern age.

Since the rise in popularity of cryptocurrencies being used within the online gambling scene, there has been a rush to put together new and innovative technology to increase the safety and security of users. Smart contracts offer a platform to store data quickly and pay out on bets with no room left for human error or digital fraud. A user will be bound by the fixed odds that have been put forward by the smart contract.

With this particular Maltese iGaming company, the move into smart contracts provides a step in the right direction. It should increase confidence in an ever-growing online sector that could become the Wild West if left as it is.